Web Hosting Go Daddy Gets Investment

Greatresponder.com – 2011-07-04 – Go Daddy web hosting and domain registrar giant has sold a major piece to a business group of private equity for around $2.5 billion USD. As reported just week ago, the group is led by KKR & Company, Silver Lake Technology Crossover Ventures and will assume all of Go Daddy Inc.’s debt as well as its assets.

As the world bigest domain registrar company, GoDaddy have over 9.4 million customers and manages over than 48 million domain names in different domain zones. Despite such impressive stats, Go Daddy web hosting and domain registrar has reported consecutive annual losses with very small growth only during the latest fiscal year.

For at least the time being, current CEO and President mr. Robert Parsons will remain in that position, and has stated the company’s plans to expand its offerings by increasing its international presence and moving its hosting solutions into the cloud based infrastructure. Mr. Parsons founded Go Daddy web hosting company in 1997 year and in 2006 failed in his attempt to go public, citing poor market conditions when withdrawing its IPO.

Whether this acquisition is considered an investment or a purchase, mr. Parsons is reported to remain GoDaddy’s biggest single shareholder while the new private equity group of companies becomes the biggest corporative investor.

Silver Lake has a great experience of flipping and growing different Internet companies, with the sale of Skype communicator for around $8.5 billion to Microsoft Corporation, after purchasing it from EBay corporation several years ago for only $2 billion. KKR and Silver Lake are familiar partners with their 2005 group investment of Avago Technologies, while TCV leads a group of firms that has invested a reported $135 million in Facebook. Silver Lake and TCV are co-investors in the leading daily deal site Groupon and the social gaming company Zynga.

In conclusion we just want to note that $2.5 billion USD is a biggest investment for hosting company ever made before.

Web Hosting Go Daddy Gets Investment

GoDaddy Web Hosting Experienced Outage Due To Software Update

Greatresponder.com – 2011-06-15 – One of the biggest web hosting providers and domain registrars Go Daddy experienced an outage on its website Monday after software update. According to a report, Go Daddy did software update and for some reason it went wrong. As result it cause noticeable website downtime.

This downtime comes a week after Go Daddy announced it now protects over than 500,000 web sites with its unique SSL certificates and other affordable security solution.

Turning back to this accident, Go Daddy’s home page was completely offline for approximately 3 hours on Monday evening though visitors were redirected to a mobile version of the site that was available and worked fine.

“We made some changes to our website, and those updates failed,” Neil Warner, chief information officer for Go Daddy said in a statement. “As a result, Go Daddy.com went down. No customer account information was compromised. This was not an attack on Go Daddy servers. We caused the issue, not someone else.”

The report says that the mobile version of Go Daddy website allowed users to continue to manage domain names, accounts and all transactions. So, despite the issue which happened due to software update, Go Daddy web hosting service continued to provide customers with minimal set of necessary functions to manage accounts, prolong domains and web hosting service. And that’s definitely good sign.

Go Daddy web hosting providers and domain registrar apologized for the length of the outage, saying it was longer than it was expected.

“My team is investigating what went wrong with our site update process so we can avoid an issue like this in the future,” Warner stated.

Also few days ago, Go Daddy announced it was expanding its team at its Iowa primary customer service center by 300 employees.

Summarize on Go Daddy web hosting and domain registrar company:

Go Daddy – the world’s largest ICANN accredited registrar of domain names. Go Daddy group supports more than 34 million domain names in the major domain areas of the first level, including the COM, ORG, NET, BIZ, INFO.

GoDaddy Web Hosting Experienced Outage Due To Software Update

ResellerClub Web Hosting And Domain Registrar Opens New Markets

 

Greatresponder.com – 2011-06-13 – ResellerClub popular domain registrar and web hosting service provider announced on Friday its plans to start providing fully customized variants of its unique Reseller Program for 8 most attractive and major Domain Markets around the whole world.

Over the past several years ResellerClub company has launched a stand alone programs for the Chinese domain market and more recently for the Russian domain market and is on track to setup its presence in 8 domain markets by the end of this Quarter.

According to ReselletClub’s CEO, Bhavin Turakhia, “While our system is popular in over 230 countries worldwide, we realized that Resellers prefer complete localization – be it local currency transactions, local payment options, local language interfaces or dealing with local staff. Our latest focus is to provide them with just that.”

ResellerClub’s local Russian program provides a Russian version of website, Russian control interfaces for administrator and front-end and Russian Rubles as the default transaction currency. It is driven with help and assistance of sales & support by Russian staff.

“We’re essentially making it as easy as possible for Resellers to join and use our system. Our Chinese program proved to be a great success and expanding to key markets like Russia, UK, Spain and Germany was the next natural step,” added Mr. Shridhar Luthria, Director of Marketing and company Business Development.

In the near future ResellerClub plans on launching fully customized domain reseller programs for the UK, India, Spain, Germany, Brazil and Portugal.

About ResellerClub Web Hosting and Domain registrar:

ResellerClub is a part of DirectI corporation. ReselleClub provides web hosting services, domain registration and several other web related products. ResellerClub is ICANN-accredited registrar which provides domain registration for over 60 domain zones. Today company has over 600 employees worldwide and known as one of the biggest players on domain market which continue to expand and enter new markets over the planet.

ResellerClub Web Hosting And Domain Registrar Opens New Markets

Web Hosting Go Daddy Gets Investment

Greatresponder.com – 2011-07-04 – Go Daddy web hosting and domain registrar giant has sold a major piece to a business group of private equity for around $2.5 billion USD. As reported just week ago, the group is led by KKR & Company, Silver Lake Technology Crossover Ventures and will assume all of Go Daddy Inc.’s debt as well as its assets.

As the world bigest domain registrar company, GoDaddy have over 9.4 million customers and manages over than 48 million domain names in different domain zones. Despite such impressive stats, Go Daddy web hosting and domain registrar has reported consecutive annual losses with very small growth only during the latest fiscal year.

For at least the time being, current CEO and President mr. Robert Parsons will remain in that position, and has stated the company’s plans to expand its offerings by increasing its international presence and moving its hosting solutions into the cloud based infrastructure. Mr. Parsons founded Go Daddy web hosting company in 1997 year and in 2006 failed in his attempt to go public, citing poor market conditions when withdrawing its IPO.

Whether this acquisition is considered an investment or a purchase, mr. Parsons is reported to remain GoDaddy’s biggest single shareholder while the new private equity group of companies becomes the biggest corporative investor.

Silver Lake has a great experience of flipping and growing different Internet companies, with the sale of Skype communicator for around $8.5 billion to Microsoft Corporation, after purchasing it from EBay corporation several years ago for only $2 billion. KKR and Silver Lake are familiar partners with their 2005 group investment of Avago Technologies, while TCV leads a group of firms that has invested a reported $135 million in Facebook. Silver Lake and TCV are co-investors in the leading daily deal site Groupon and the social gaming company Zynga.

In conclusion we just want to note that $2.5 billion USD is a biggest investment for hosting company ever made before.

Web Hosting Go Daddy Gets Investment